secwatch.observer — SEC 8-K summary
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Issuer:     SIFCO INDUSTRIES INC (SIF)
CIK:        0000090168
Form:       8-K
Filed at:   2023-09-28T23:59:59+00:00
Accession:  0000090168-23-000060
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SIFCO Q3 net loss narrows to $0.6M; backlog jumps to $122.8M
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- Q3 net sales $21.9M (+1.9% YoY); net loss $0.6M vs $2.7M loss a year ago.
- Diluted EPS -$0.11 vs -$0.46; Adjusted EBITDA $1.9M vs -$0.7M.
- Backlog grew 77% to $122.8M from $69.4M YoY, reflecting market improvements and new wins.
- Nine-month net sales $62.4M (-4.4% YoY); net loss $(5.6)M vs $(2.7)M loss.
- CEO says company is now current with SEC filings and nearly recovered from Q1 cyber incident.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/90168/000009016823000060/0000090168-23-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/90168/000009016823000060/sif-20230928.htm
  HTML page:      https://secwatch.observer/filing/0000090168-23-000060

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer